Millikin University
- Graduation Rate
- 57% C
- About half of students who start complete their degree
- Earnings (10yr)
- $51,262 B
- Well above the typical college graduate
- Net Price
- $21,989 D+
- 28% more than the typical college
- Acceptance Rate
- 67% B-
- Accessible to most qualified applicants
Bottom line: A C overall grade — outcomes trail most U.S. colleges. 14.4× return on investment — every $1 spent returns $14.4 over 20 years.
Every $1 spent returns $14.4 over 20 years — debt pays back in ~under a year. Net gain: $1,179,335.
What The Data Says
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A C overall — outcomes trail most U.S. colleges on measured metrics.
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Earnings 26% above the national college median.
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Every $1 invested returns $14.4 over 20 years — an exceptional return.
Why Millikin University Matters
Millikin University is a private college in Decatur, IL and its outcomes are not an accident. They are driven by a well-connected, high-opportunity alumni network. The result: graduate earnings well above the typical college.
Interpretation generated from this school's federal outcomes, research, and mobility data.
Institutional Profile
- Institution Type
- Private College
- Carnegie Class
- Baccalaureate College
- Enrollment
- 1,382
- Setting
- Urban
- Primary Strengths
- Visual & Performing Arts, Business & Marketing, Education, Health Professions
Why students choose Millikin University
CollegeRanker Report Card
Graded on outcomes, against every U.S. college.
Each grade is this school's national percentile on a real outcome — earnings, value, mobility, and more.
How we grade →Admissions
Competitive — admits about 67% of applicants, with a middle-50% SAT of 860–1130. Run your numbers in the admissions predictor below.
Check your odds →Net price + aid
Students pay about $21,989 a year after grants and scholarships — 28% above the typical U.S. college. See net price by family income below.
See cost & aid →Earnings + debt
Graduates earn a median of $51,262 ten years after enrolling — 26% above the typical college, against $27,000 in median debt.
See outcomes →Mobility + social capital
Moves 1.1% of its students from the bottom income fifth to the top — top 70% nationally for mobility. High social capital (1.63 economic connectedness).
See mobility →Overview
Millikin University has an enrollment of 1,382 students. With a 67% acceptance rate, it offers a welcoming environment for many aspiring students. The school emphasizes a hands-on approach to learning, particularly in its top programs like Visual & Performing Arts and Health Professions.
In terms of outcomes, Millikin students see a 10-year median earnings of $51,262. While specific mobility data is not provided, the earnings suggest that graduates have solid opportunities in their fields. The school has a Pell Grant rate of 38%, indicating that a significant portion of the student body comes from low-income backgrounds, which can impact overall mobility.
The net price of attendance is $21,989, with a median debt of $27,000. Graduates can expect a reasonable return on investment, particularly in fields such as Business and Education. Students who thrive here often have a passion for experiential learning and are engaged in campus life, making the most of the community-oriented environment.
Rankings
- #20 Best Education Colleges in Illinois
- #28 Best Biology Colleges in Illinois
- #32 Best Online Education Programs in Illinois
- #34 Best Business Colleges in Illinois
- #35 Best Bachelor's Programs in Illinois
- #35 Best Master's Programs in Illinois
- #35 Best Psychology Colleges in Illinois
- #39 Best Nursing Colleges in Illinois
Can I Get In?
How selective Millikin University is — and how your numbers stack up.
Tool
Will I Be Accepted?
Enter your credentials to see your chances at this school.
Academics & Admissions
Is It Hard to Get Into Millikin University? Acceptance Rate & Requirements
As a private institution in Decatur, Illinois, Millikin University offers a realistic path to admission, with roughly 67% of applicants receiving an offer. Admitted students typically arrive with an average SAT score near 1,034. The graduation rate is roughly 57%.
- Acceptance Rate
- 67%
- Retention Rate
- 75%
- SAT Average
- 1034
- ACT Midpoint
- 23
- SAT Range
- 860–1130
- ACT Range
- 18–25
- Full-Time Faculty
- 71%
- Faculty Salary (mo)
- $6,557
- Student–Faculty Ratio
- 10:1
- Diversity Index
- 0.52
- First-Gen Students
- 32%
- Applicants
- 2,902
- Admitted
- 2,188
Can I Afford It?
What you'll actually pay after grants and aid — not the sticker price.
Cost & Financial Aid
How Much Does It Cost to Attend Millikin University? Tuition, Net Price & Aid
Published tuition at Millikin University is $26,892, but few families pay that. The number to watch is net price, what students actually pay each year after federal grants and institutional scholarships. Here it averages about $21,989. Students from families earning under $30,000 typically pay closer to $18,659 after need-based grants. The median graduate leaves with about $27,000 in federal student loans.
- In-State Tuition
- $26,892
- Out-of-State
- $26,892
- Avg Net Price
- $21,989
- Median Debt
- $27,000
- Pell Grant Rate
- 38%
- Federal Loan Rate
- 56%
What Families Actually Pay
- Family Income $0–$30K
- $18,659
- Family Income $30K–$48K
- $15,629
- Family Income $48K–$75K
- $23,053
- Family Income $110K+
- $27,524
What Happens After?
Earnings, debt, and where graduates actually land.
Students Like You
Tell us a little about yourself to see what students like you have typically experienced at Millikin University — the net price for your income, your admission odds, and the outcomes that follow. These are patterns from federal data, not predictions.
Graduate Outcomes
Is Millikin University Worth It? Graduate Earnings & ROI
Ten years out, alumni of Millikin University earn a median of $51,262, roughly in line with the national average for college graduates.
- 6 Years After Entry
- $43,100
- 8 Years
- $49,711
- 10 Years
- $51,262
- Debt-to-Earnings
- 0.53x
- Earning > $25K
- 70%
Earnings Trajectory
Graduation by Timeframe
- 100% (210)
- 44%
- 100% (210)
- 44%
- 100% (210)
- 44%
- 100% (210)
- 44%
How Millikin Compares
Dot right of center = above national average.
Net Price by Family Income
What families actually pay after aid, by income bracket.
The Mobility Equation
Mobility = Access x Success. How many low-income students get in, and how many reach the top 20%?
College ROI Calculator
Is Millikin University Worth It?
A data-driven look at the return on your educational investment — using real federal data.
Yes — for most students, Millikin University delivers a positive return. Over four years, the typical net price is $21,989/year ($87,956 total). Graduates earn $51,262 at ten years, and over a 20-year career we project $1,267,291 in total earnings — a net gain of $1,179,335 (14.4× your investment). The median debt is $27,000, which takes less than a year to pay back at typical earnings. With a 57% graduation rate, the path to that return is well-tested. This is a exceptional ROI compared to national averages.
- Total Cost (4yr)
- $87,956
- Projected 20yr Earnings
- $1,267,291
- Net Return
- $1,179,335
- ROI Multiple
- 14.4×
- Cost Per Year
- $21,989
- Median Debt
- $27,000
- Debt Payback
- Less than 1 yr
- Graduation Rate
- 57%
Does It Change Lives?
Mobility, social capital, and innovation — does it move people up?
Social Mobility
Data: Raj Chetty's Mobility Report Card · 30M+ anonymized tax records
Does Millikin University Drive Upward Mobility? Economic Mobility & Low-Income Outcomes
Millikin University is a measurable contributor to upward mobility. Its mobility rate, the share of students who start in the bottom income quintile and climb to the top, is 1.10%, in line with strong performers nationally. About 4.3% of students come from families in the bottom income quintile. Among bottom-quintile students who attend, roughly 25.7% go on to reach the top of the income ladder. The median family income of students sits near $96,500, a snapshot of the campus's socioeconomic mix.
- Mobility Rate
- 1.10%
- Bottom 20% → Top 20%
- Success Rate
- 25.7%
- If bottom 20% get in
- From Bottom 20%
- 4.3%
- Share of students
- Parent Median Income
- $131,110
- today's $ (2015 cohort data)
Institutional Finances
Data: NCES IPEDS
- Federal Grants
- $7,185,843
- Investment Income
- $7,372,325
Top Programs
The fields Millikin University awards the most degrees in, by share of completions. Where federal field-of-study data exists, we show what graduates in that major earned early in their careers. Each links to its degree guide — or see what someone with your income, scores, and major would pay and earn here in the Students Like You simulator.
- Visual & Performing Arts 22% $33,550 early-career
- Business & Marketing 16% $69,393 early-career
- Education 13% $46,778 early-career
- Health Professions 6% $67,158 early-career
- Biology & Biomedical 6% $39,121 early-career
- Social Sciences 5% $38,183 early-career
- Psychology 4% $35,917 early-career
- Computer Science & IT 2%
Early-career median earnings by major (typically 1–2 years after completion, bachelor's level where available), in today's dollars (CPI-adjusted). Source: U.S. Dept. of Education College Scorecard field of study. Distinct from the school-wide 10-year median; suppressed for small programs.
Top Careers
Where these majors tend to lead — common career paths for Millikin University's most popular programs, ranked by median pay with our proprietary scorecard insights.
- CChief Executive Officer$189,520 · 3% growthAdaptable 64
- C+IT Manager$169,510 · 15% growthAdaptable 52
- C+Cloud Architect$142,000 · 15% growthAdaptable 52
- B-Site Reliability Engineer$140,000 · 20% growthAdaptable 52
- CSolutions Architect$138,000 · 12% growthAdaptable 52
- CHR Manager$136,350 · 5% growthAdaptable 64
- CPharmacist$136,030 · 3% growthResilient 82
- CSales Manager$135,160 · 4% growthAdaptable 64
Frequently Asked Questions
Is It Hard to Get Into Millikin University? Acceptance Rate & Requirements
As a private institution in Decatur, Illinois, Millikin University offers a realistic path to admission, with roughly 67% of applicants receiving an offer. Admitted students typically arrive with an average SAT score near 1,034. The graduation rate is roughly 57%.
How Much Does It Cost to Attend Millikin University? Tuition, Net Price & Aid
Published tuition at Millikin University is $26,892, but few families pay that. The number to watch is net price, what students actually pay each year after federal grants and institutional scholarships. Here it averages about $21,989. Students from families earning under $30,000 typically pay closer to $18,659 after need-based grants. The median graduate leaves with about $27,000 in federal student loans.
Is Millikin University Worth It? Graduate Earnings & ROI
Ten years out, alumni of Millikin University earn a median of $51,262, roughly in line with the national average for college graduates.
Does Millikin University Drive Upward Mobility? Economic Mobility & Low-Income Outcomes
Millikin University is a measurable contributor to upward mobility. Its mobility rate, the share of students who start in the bottom income quintile and climb to the top, is 1.10%, in line with strong performers nationally. About 4.3% of students come from families in the bottom income quintile. Among bottom-quintile students who attend, roughly 25.7% go on to reach the top of the income ladder. The median family income of students sits near $96,500, a snapshot of the campus's socioeconomic mix.
How Connected Is Millikin University? Social Capital & Cross-Class Networks
Social capital, the web of cross-class friendships that researchers link to long-run upward mobility, runs high at Millikin University. Its economic connectedness score is 1.63, where about 1.0 is the national norm. Its friending bias is low (-0.01), a sign that students from different economic backgrounds actually mix rather than self-segregate. Around 9% of students take part in civic and volunteering activity.
Similar Schools
Schools with similar outcomes, selectivity, and student profiles to Millikin University.
- Ouachita Baptist UniversityArkadelphia, AR · Close peer66% grad $51,673 earn 68% acceptWhy: similar earnings · similar selectivity · similar grad rate
- Southwest Baptist UniversityBolivar, MO · Close peer53% grad $43,112 earn 68% acceptWhy: similar selectivity · similar grad rate · similar size
- Mount St. Joseph UniversityCincinnati, OH · Close peer56% grad $51,509 earn 59% acceptWhy: similar earnings · similar selectivity · similar grad rate
- Capital UniversityColumbus, OH · Close peer63% grad $54,143 earn 70% acceptWhy: similar earnings · similar selectivity · similar grad rate
- Meredith CollegeRaleigh, NC · Close peer68% grad $51,539 earn 74% acceptWhy: similar earnings · similar selectivity · similar size
- Virginia Wesleyan UniversityVirginia Beach, VA · Close peer46% grad $50,074 earn 73% acceptWhy: similar earnings · similar selectivity · similar size
Social Capital
Data: Opportunity Insights Social Capital Atlas
How Connected Is Millikin University? Social Capital & Cross-Class Networks
Social capital, the web of cross-class friendships that researchers link to long-run upward mobility, runs high at Millikin University. Its economic connectedness score is 1.63, where about 1.0 is the national norm. Its friending bias is low (-0.01), a sign that students from different economic backgrounds actually mix rather than self-segregate. Around 9% of students take part in civic and volunteering activity.
Research Note